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Digital fraud on the rise as Indian government pushes toward cashless economy
One unintended fallout of the government's aggressive push for digital transactions is a significant jump in digital payment frauds whereby people are losing money through online payment and e-wallets.
- Categories
- Uncategorized
- Region
- South Asia
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Pharmaceutical sector hiring set for double-digit growth
As some industries brace for slow hiring in the coming months, the Indian pharmaceutical sector’s recruitment numbers are poised to continue growing in double digits next year as health awareness improves and lifespans increase.
- Categories
- Health Care
- Region
- South Asia
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Indian households’ healthcare woes
The low penetration of health insurance and high health costs expose Indian households, especially those at the bottom of the pyramid, to severe financial shocks, according to fresh data from a large-scale nationally representative survey.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Grameen Uniqlo social business gains ground in Bangladesh
Six years on, the joint venture between Grameen Bank Group and Japan's Fast Retailing Co. Ltd, which is operator of the UNIQLO brand, continues to steadfastly pursue business expansion by cultivating factories that share its social business ideals, developing traditional dress and other products to meet local needs and reviewing store development strategies.
- Categories
- Impact Assessment
- Region
- South Asia
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Amazon Launches Amazon Pay Balance in Bid to Increase Cashless Transactions in India
Amazon India on Friday launched its online wallet Amazon Pay Balance, in a bid to increase cashless orders.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Digital Payment Startups in India Unaware of High Security Risks
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Women Struggle to Repay Loans Taken From Microfinance Institutions in India
The demonetisation of Rs. 1,000 and Rs. 500 notes has severely affected women who had borrowed loans from microfinance institutions. While some of them have resorted to mortgaging gold and sell household items to pay weekly instalments, there have been cases where some attempted suicide as they were unable to bear the burden of repaying the loans.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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How Paytm is brazenly piggybacking on banks and telcos in India
It should be galling for telecom service providers like Airtel and Vodafone to find Paytm (used as a metaphor for mobile wallet service providers) using the mobile numbers of their customers to provide mobile wallet services to them.
- Categories
- Technology
- Region
- South Asia
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